I'm curious about the
Flow of money in the cryptocurrency world. How does it actually move from one place to another? What are the processes and mechanisms involved in crypto transactions?
7 answers
HallyuHeroLegendaryStarShine
Wed Jan 08 2025
These payments exist solely as digital entries in an online database.
RobertJohnson
Wed Jan 08 2025
Each entry in this database describes a specific transaction.
TaegeukChampionCourage
Wed Jan 08 2025
When individuals or entities transfer cryptocurrency funds, the transaction details are meticulously recorded.
Lorenzo
Wed Jan 08 2025
Cryptocurrency payments differ significantly from traditional physical money.
Sebastiano
Wed Jan 08 2025
This recording process ensures transparency and accountability in the cryptocurrency market.